American Resources Corporation's ReElement Technologies Appoints Dr. Yi Ding, Ph.D., to Chief Technology Officer
American Resources 's subsidiary, ReElement Technologies, has appointed Dr. Yi Ding as Chief Technology Officer. Dr. Ding, who joined ReElement in 2022 as Director of Research and Development, has been instrumental in commercializing the company's multi-mineral, multi-feedstock platform technology. Under his leadership, ReElement has achieved significant milestones, including producing high-purity rare earth elements and lithium from various feedstocks.
ReElement's technology uses Ligand Assisted Displacement (LAD) chromatography for separating and purifying rare earth and critical elements, which is considered more cost-effective and environmentally friendly than conventional methods. The company is evaluating partnerships with rare earth ore providers from four continents to refine materials domestically. The rare earth element market is expected to grow from $5.37 billion in 2022 to $14.24 billion by 2030.
La sussidiaria di American Resources, ReElement Technologies, ha nominato il Dr. Yi Ding come Chief Technology Officer. Il Dr. Ding, che è entrato in ReElement nel 2022 come Direttore della Ricerca e Sviluppo, è stato fondamentale nella commercializzazione della tecnologia a piattaforma multi-minerale e multi-materia prima dell'azienda. Sotto la sua guida, ReElement ha raggiunto traguardi significativi, inclusa la produzione di elementi di terre rare ad alta purezza e litio da diverse materie prime.
La tecnologia di ReElement utilizza la cromatografia a dislocamento assistita da ligandi (LAD) per separare e purificare elementi di terre rare e critici, ritenuta più conveniente e rispettosa dell'ambiente rispetto ai metodi convenzionali. L'azienda sta valutando partnership con fornitori di minerali di terre rare provenienti da quattro continenti per affinare i materiali a livello nazionale. Si prevede che il mercato degli elementi di terre rare crescerà da 5,37 miliardi di dollari nel 2022 a 14,24 miliardi di dollari entro il 2030.
La subsidiaria de American Resources, ReElement Technologies, ha nombrado al Dr. Yi Ding como Director de Tecnología. El Dr. Ding, que se unió a ReElement en 2022 como Director de Investigación y Desarrollo, ha sido fundamental en la comercialización de la tecnología de plataforma de múltiples minerales y múltiples materias primas de la empresa. Bajo su liderazgo, ReElement ha logrado hitos significativos, incluida la producción de elementos de tierras raras de alta pureza y litio a partir de diversas materias primas.
La tecnología de ReElement utiliza la cromatografía por desplazamiento asistido por ligandos (LAD) para separar y purificar elementos de tierras raras y críticos, lo que se considera más rentable y sostenible que los métodos convencionales. La empresa está evaluando asociaciones con proveedores de minerales de tierras raras de cuatro continentes para refinar materiales a nivel nacional. Se espera que el mercado de elementos de tierras raras crezca de 5.37 mil millones de dólares en 2022 a 14.24 mil millones de dólares para 2030.
아메리칸 리소스의 자회사 리엘리먼트 테크놀로지는 Dr. Yi Ding을 최고 기술 책임자로 임명했습니다. Dr. Ding은 2022년에 리엘리먼트의 연구 및 개발 이사로 합류했으며, 이 회사의 다중 광물 및 다중 원료 플랫폼 기술 상용화에 중요한 역할을 했습니다. 그의 리더십 아래, 리엘리먼트는 다양한 원료로부터 고순도 희토류 원소 및 리튬을 생산하는 등 중요한 이정표를 달성했습니다.
리엘리먼트의 기술은 희토류 및 주요 원소를 분리하고 정제하기 위해 리간드 보조 대체(LAD) 크로마토그래피를 사용하며, 이는 기존 방법보다 더 비용 효율적이고 환경 친화적인 것으로 간주됩니다. 이 회사는 국내에서 원료를 정제하기 위해 네 개의 대륙에 있는 희토류 광물 공급업체와의 파트너십을 평가하고 있습니다. 희토류 원소 시장은 2022년 53억 7천만 달러에서 2030년까지 142억 4천만 달러로 성장할 것으로 예상됩니다.
La filiale d'American Resources, ReElement Technologies, a nommé le Dr Yi Ding au poste de Chief Technology Officer. Le Dr Ding, qui a rejoint ReElement en 2022 en tant que directeur de la recherche et du développement, a joué un rôle clé dans la commercialisation de la technologie de plateforme multi-minérale et multi-matière première de l'entreprise. Sous sa direction, ReElement a atteint des jalons significatifs, notamment la production d'éléments de terres rares à haute pureté et de lithium à partir de diverses matières premières.
La technologie de ReElement utilise la chromatographie par déplacement assisté par ligands (LAD) pour séparer et purifier les éléments de terres rares et critiques, qui est considérée comme plus rentable et écologique que les méthodes conventionnelles. L'entreprise évalue des partenariats avec des fournisseurs de minerais de terres rares provenant de quatre continents pour affiner les matériaux à l'intérieur du pays. Le marché des éléments de terres rares devrait passer de 5,37 milliards de dollars en 2022 à 14,24 milliards de dollars d'ici 2030.
Die Tochtergesellschaft von American Resources, ReElement Technologies, hat Dr. Yi Ding zum Chief Technology Officer ernannt. Dr. Ding, der 2022 als Forschungs- und Entwicklungsleiter zu ReElement kam, war maßgeblich an der Kommerzialisierung der Multi-Mineral- und Multi-Rohstoff-Plattformtechnologie des Unternehmens beteiligt. Unter seiner Leitung hat ReElement bedeutende Meilensteine erreicht, darunter die Produktion von hochreinen Seltenen Erden und Lithium aus verschiedenen Rohstoffen.
Die Technologie von ReElement verwendet die Liganden-unterstützte Displacement (LAD) Chromatographie zur Trennung und Reinigung von Seltenen Erden und kritischen Elementen, die als kosteneffizienter und umweltfreundlicher als herkömmliche Methoden gilt. Das Unternehmen prüft Partnerschaften mit Anbietern von Seltenen Erden aus vier Kontinenten, um Materialien im Inland zu verfeinern. Der Markt für Seltene Erden wird voraussichtlich von 5,37 Milliarden Dollar im Jahr 2022 auf 14,24 Milliarden Dollar bis 2030 wachsen.
- Appointment of Dr. Yi Ding as CTO, bringing expertise in critical mineral separation and purification
- Successful production of high-purity (>99.5%) rare earth elements and lithium from various feedstocks
- Development of cost-effective and environmentally friendly LAD chromatography technology
- Potential partnerships with rare earth ore providers from four continents for domestic refining
- Positioning in a growing market, with rare earth element market expected to reach $14.24 billion by 2030
- None.
As Director of Research and Development at ReElement, Dr. Ding helped commercialize the Company's multi-mineral, multi-feedstock platform technology
FISHERS, IN / ACCESSWIRE / October 8, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company") is pleased to announce that its wholly owned subsidiary, ReElement Technologies Corporation ("ReElement"), a leading provider of high-performance refining capacity for rare earth and critical battery elements, has appointed Dr. Yi Ding, Ph.D., as Chief Technology Officer. Dr. Ding joined ReElement Technologies in the summer of 2022 as the Company's Director of Research and Development. Before joining ReElement, he spent seven years at Purdue University's Davidson School of Chemical Engineering, where he conducted graduate and postdoctoral research under Dr. Linda Wang, the Maxine Spencer Nichols Professor. His work focused on developing advanced methods for separating and purifying critical and rare earth elements using ligand-assisted chromatography.
Mark Jensen, CEO of ReElement Technologies stated, "We are thrilled to promote Yi to the position of Chief Technology Officer. Yi has been instrumental in developing and commercializing our innovative technology to address complex challenges in our domestic critical mineral supply chain. Yi has played a key role in the groundbreaking achievements at our Noblesville, Indiana Customer Qualification Plant, where we have validated multiple feedstocks for numerous current and prospective partners across various supply chains. Yi has been able to simultaneously achieve exceptional separation and refining performance while driving innovation. We are excited for Yi to continue this mission as we build a world-class team of engineers and technicians under his guidance."
Dr. Yi Ding continued, "It is an honor to continue my work at ReElement in advancing the commercial deployment of chromatography for the recovery and purification of critical materials, including rare earth elements and critical battery elements. It is every chemical engineer's dream to see the process they developed to be scaled up and to be commercialized. I am fortunate enough to have studied and worked under Dr. Linda Wang, who has devoted more than four decades to the research, development and collaboration with the private industry in the field of process chromatography. Chromatography is redefining the efficiency of separating and refining critical and rare earth elements, and ReElement is positioning it to have a significant and positive impact on the global industry."
Under Dr. Ding, ReElement has successfully demonstrated and previously announced the following milestones in a commercial setting:
Produced greater than
99.5% pure and separated rare earth elements neodymium (Nd), praseodymium (Pr) and dysprosium (Dy) oxides from end-of-life magnets;Produced greater than
99.9% pure lithium (Li) from end-of-life NMC, Li-Ion batteries;Produced
99.9978% pure, battery-grade lithium carbonate (Li2CO3) from LFP battery manufacturing waste;Produced
99.96% pure Li2CO3 from spodumene bearing pegmatite ore; andProduced greater than
99.5% pure and separated rare earth oxides from concentrated ore-based feedstock.
ReElement is currently evaluating or in conversations with providers of rare earth ores from four different continents with the goal of either partnering with such parties or acquiring their rare earth concentrates to be refined domestically. Rare earth elements (REEs) include the 15 elements in the lanthanide series plus scandium (Sc) and yttrium (Y). REEs are essential ingredients for high-end commercial and national defense applications in magnets, metal alloys, catalysts, ceramics, and phosphors, which are important for high-technology and clean energy applications. The REE market was valued at
Ligand Assisted Displacement ("LAD") Chromatographic Separation and Purification
The use of LAD chromatography to separate, purify and refine rare earth and critical elements is the most cost effective and environmentally safe methods utilized to date. LAD chromatography, as designed for rare earth element extraction and purification, is a much cleaner and greener purification process compared to conventional solvent-based extraction methods. It has a higher yield, productivity, flexibility and efficiency allowing for smaller and scalable processing volume without the harsh or toxic chemicals. ReElement continues to develop and validate its platform technology's refining performance across other critical mineral feedstocks to meet the needs of a more diversified and healthy supply chain.
The technology enables:
Modular and scalable production capacity (growing processing volumes efficiently as feedstock production expands);
Localization of processing (Removing the need to transport raw ore across the world);
Significantly less chemical and energy use; and
Versatility of technology for multiple feedstocks (ores, recycled material, etc.).
Learn more about ReElement Technologies' process and technology here - Video.
About ReElement Technologies LLC
ReElement Technologies LLC, a wholly owned subsidiary of American Resources Corporation (NASDAQ:AREC), is redefining how critical and rare earth elements are both sourced and processed while focusing on the recycling of end-of-life products such as rare earth permanent magnets and lithium-ion batteries, as well as coal-based waste streams and byproducts to create a low-cost and environmentally-safe, circular supply chain. ReElement has developed its innovative and scalable "Capture-Process-Purify" process chain in conjunction with its licensed intellectual property including 16 patents and technologies and sponsored research partnerships with three leading universities to support the domestic supply chain's growing demand for magnet and battery metals. For more information visit reelementtech.com or connect with the Company on Facebook, Twitter, and LinkedIn.
About American Resources Corporation
American Resources Corporation is a next-generation, environmentally and socially responsible supplier of high-quality raw materials to the new infrastructure market. The Company is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal to be recycled. American Resources has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated.
American Resources has established a nimble, low-cost business model centered on growth, which provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets while also continuing to acquire operations and significantly reduce their legacy industry risks. Its streamlined and efficient operations are able to maximize margins while reducing costs. For more information visit americanresourcescorp.com or connect with the Company on Facebook, Twitter, and LinkedIn.
Special Note Regarding Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company's actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond American Resources Corporation's control. The words "believes", "may", "will", "should", "would", "could", "continue", "seeks", "anticipates", "plans", "expects", "intends", "estimates", or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved.
Investor Contact:
JTC Team, LLC
Jenene Thomas
(908) 824 - 0775
arec@jtcir.com
RedChip Companies Inc.
Robert Foley
1-800-RED-CHIP (733-2447)
Info@redchip.com
Company Contact:
Mark LaVerghetta
317-855-9926 ext. 0
investor@americanresourcescorp.com
SOURCE: American Resources Corporation
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